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Totvs (BSP:TOTS3) Cyclically Adjusted Price-to-FCF : 34.89 (As of Jun. 07, 2024)


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What is Totvs Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Totvs's current share price is R$28.96. Totvs's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.83. Totvs's Cyclically Adjusted Price-to-FCF for today is 34.89.

The historical rank and industry rank for Totvs's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:TOTS3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.9   Med: 38.03   Max: 66.75
Current: 34.23

During the past years, Totvs's highest Cyclically Adjusted Price-to-FCF was 66.75. The lowest was 14.90. And the median was 38.03.

BSP:TOTS3's Cyclically Adjusted Price-to-FCF is ranked worse than
54.97% of 684 companies
in the Software industry
Industry Median: 28.415 vs BSP:TOTS3: 34.23

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Totvs's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.409. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$0.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Totvs Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Totvs's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Totvs Cyclically Adjusted Price-to-FCF Chart

Totvs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.51 47.54 43.38 38.65 40.76

Totvs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.65 37.54 38.73 34.09 40.76

Competitive Comparison of Totvs's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Totvs's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Totvs's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Totvs's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Totvs's Cyclically Adjusted Price-to-FCF falls into.



Totvs Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Totvs's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.96/0.83
=34.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Totvs's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Totvs's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.409/157.1481*157.1481
=0.409

Current CPI (Dec. 2023) = 157.1481.

Totvs Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.033 90.447 0.057
201406 0.044 91.838 0.075
201409 0.161 92.602 0.273
201412 0.353 94.194 0.589
201503 0.089 97.799 0.143
201506 0.140 100.006 0.220
201509 0.136 101.392 0.211
201512 0.085 104.247 0.128
201603 0.026 106.979 0.038
201606 0.086 108.851 0.124
201609 0.109 109.986 0.156
201612 0.090 110.802 0.128
201703 0.120 111.869 0.169
201706 0.139 112.115 0.195
201709 0.137 112.777 0.191
201712 0.167 114.068 0.230
201803 0.089 114.868 0.122
201806 0.168 117.038 0.226
201809 0.246 117.881 0.328
201812 0.169 118.340 0.224
201903 0.058 120.124 0.076
201906 0.206 120.977 0.268
201909 0.098 121.292 0.127
201912 0.167 123.436 0.213
202003 0.132 124.092 0.167
202006 0.340 123.557 0.432
202009 -0.014 125.095 -0.018
202012 0.039 129.012 0.048
202103 -0.157 131.660 -0.187
202106 0.132 133.871 0.155
202109 0.469 137.913 0.534
202112 0.227 141.992 0.251
202203 0.292 146.537 0.313
202206 0.236 149.784 0.248
202209 0.261 147.800 0.278
202212 0.404 150.207 0.423
202303 0.100 153.352 0.102
202306 0.454 154.519 0.462
202309 0.137 155.464 0.138
202312 0.409 157.148 0.409

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Totvs  (BSP:TOTS3) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Totvs Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Totvs's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Totvs (BSP:TOTS3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Totvs SA (BSP:TOTS3) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Avenida Braz Leme, Sao Paulo, SP, BRA, 1000
Totvs SA is a provider of information technology solutions to small and medium enterprises in the education, government, healthcare, and retail end markets. Its primary product offerings are enterprise resource planning applications with modules for management, finance, operations, human resources, and client services. The company's segment includes Management; Business Performance and Techfin. It generates maximum revenue from the Management segment.

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